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Sylvania Waters Suburb Insights
VICLocation Information
Suburb Name
Sylvania Waters, VIC
Distance from CBD
13.9 kmDemographics
Population
3,169
Median Income
$39,572
Area Information
Area
1.06 km²
Population Density
2990 people/km²
Property Market
Median Price
$450,677
Annual Growth
+17%Property Price Trend Analysis
Current Median Price
$450,677
Annual Growth
+17%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$407,444
+7.9%2024-02
$562,367
+12.8%2024-03
$568,567
+8.4%2024-04
$881,874
+16%2024-05
$1,111,230
+11%2024-06
$607,762
+11.1%Property Type Price Analysis
House
Median Price
$1,569,928
Growth Rate
+13%Available Listings
401 properties
Apartment
Median Price
$640,934
Growth Rate
+14.8%Available Listings
748 properties
Townhouse
Median Price
$820,784
Growth Rate
+14.9%Available Listings
344 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy